Cesar Purisima
| Cesar V. Purisima | |
|---|---|
| Secretary of the Philippine Department of Finance | |
| Assumed office June 30, 2010 |
|
| President | Benigno Aquino III |
| Preceded by | Margarito Teves |
| In office February 15, 2005 – July 15, 2005 |
|
| President | Gloria Macapagal-Arroyo |
| Preceded by | Juanita Amatong |
| Succeeded by | Margarito Teves |
| Secretary of the Philippine Department of Trade and Industry | |
| In office 2004–2005 |
|
| President | Gloria Macapagal-Arroyo |
| Preceded by | Manuel Roxas II |
| Succeeded by | Juan Santos |
| Personal details | |
| Born | April 3, 1960 General Santos City, South Cotabato, Philippines |
| Nationality | Filipino |
| Spouse(s) | Corrie de la Cruz (m. 2005) |
| Children | 1 |
| Alma mater | Kellogg School of Management, Northwestern University De La Salle University |
| Occupation | Accountant, financial expert, government official |
| Profession | Business |
| Religion | Roman Catholic |
Cesar V. Purisima (born April 3, 1960)[1] is a Filipino accountant and financial expert. He is the current Secretary of the Philippine Department of Finance under President Benigno Aquino III.[2] He had been Finance Secretary during the stint of Aquino's predecessor President Gloria Macapagal-Arroyo but resigned amid the latter's involvement in the 2005 "Hello Garci scandal".[3]
Contents
Background[edit]
Education and early career[edit]
Purisima earned his bachelor's degree in accountancy at De La Salle University and pursued an MBA with specialisation in international economics and finance at the Kellogg School of Management of Northwestern University in Evanston, Illinois, USA. He spent most of his career in the financial sector before joining government, even rising through the ranks to the position of Purisima was chairman and managing partner of renowned accounting firm Sycip, Gorres, Velayo & Co.. He was also a member of the Global Executive Board and Global Practice Council of Ernst & Young, one of the world's Big Four accounting firms.[4]
Government service[edit]
In 2004, President Arroyo appointed him Secretary of Finance. Purisima held the post until his resignation together with nine other Cabinet ministers, a group known as the "Hyatt 10" which include then-Education Secretary Florencio Abad and late Budget Secretary Emilia Boncodin. In June 30, 2010, he returned to the finance portfolio in the cabinet of President Benigno Aquino III. As finance secretary, he is the Governor of the Philippines in the Asian Development Bank and chairman of the Power Sector Assets and Liabilities Management Corporation (PSALM).
Purisima also served in the Land Bank of the Philippines, the National Power Corporation, the Monetary Board of the Bangko Sentral ng Pilipinas, the Energy Development Corporation, the World Bank Group and the International Monetary Fund.
Personal life[edit]
Purisima married Corrie de la Cruz in 2005. Together, they have one son and are currently expecting their second child.[5]
Awards[edit]
Purisima was named Finance Minister of the Year by the leading global banking and finance magazine Euromoney in 2012. He was also named Finance Minister of the Year by the London-based financial news source, “Emerging Markets,” which publishes current financial news on emerging market trends and analysis in capital markets in 2011.[6]
References[edit]
- ^ Mair, John (February 22, 2011). "PROFILE-Philippines' Finance Minister Cesar Purisima". Reuters. Retrieved October 16, 2015.
- ^ Noynoy names Cabinet execs, senior government officials
- ^ Eight Cabinet members quit, call on GMA to resign
- ^ Get to Know Cesar Purisima at the Philippine Daily Inquirer
- ^ Jambora, Anne A. (August 11, 2015). "Cesar Purisima has done the math when it comes to breastfeeding and fatherhood". Philippine Daily Inquirer. Retrieved October 16, 2015.
- ^ Cesar Purisima - Finance Minister of the Year
| Preceded by Margarito Teves |
Philippine Secretary of Finance 2010 – Present |
Succeeded by Incumbent |
| Lines of succession | ||
|---|---|---|
| Preceded by Paquito Ochoa, Jr. as Executive Secretary of the Philippines |
Philippine presidential line of succession as Secretary of Finance |
Succeeded by Leila de Lima as Secretary of Justice |
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